Connect with us

Altcoin

Polkadot Price Forecast: DOT’s Bullish Trends Return, Why This Crypto Token’s 16,000% Gains May Eclipse It

Published

on


As the Polkadot price regains its bullish momentum, a new contender, ETFSwap (ETFS), is capturing attention with a staggering 16,000% growth potential. Analysts are now watching closely, suggesting that the crypto token could soon outshine Polkadot (DOT) in the race for top crypto gains.

DOT On The Rise: Polkadot’s Bullish Patterns Point To Growth

The Polkadot price has shown renewed strength, with bullish trends re-emerging after a period of volatility. As one of the most innovative blockchain networks, Polkadot’s (DOT) recent price movements have captured the attention of both investors and analysts. 

The resurgence in the Polkadot price is fueled by ongoing technological advancements within its ecosystem and increasing adoption by developers who appreciate its unique multi-chain interoperability. This foundational appeal is contributing to a positive outlook, indicating that DOT may continue its upward trend. 

Analysts suggest that several factors are aligning to support the Polkadot price. First, Polkadot’s continued focus on improving interoperability between blockchains positions it as a leader in facilitating cross-chain communication. This advantage attracts a wide array of projects, strengthening the network’s overall value. 

Additionally, recent updates have improved network scalability, further improving its appeal and supporting the bullish momentum behind the Polkadot price. As more projects opt to build on Polkadot, the ecosystem’s growth could drive sustained demand for DOT tokens.

Despite the encouraging signs, the Polkadot price will likely encounter resistance at key levels. Like other cryptocurrencies, DOT’s trajectory remains sensitive to broader market trends and investor sentiment. However, if Polkadot (DOT) maintains its current pace of development and adoption, analysts believe that these bullish trends could translate into substantial gains in the crypto market. 

ETFSwap (ETFS): The Crypto Token Set To Deliver Unmatched Returns

As Polkadot (DOT) regains its bullish footing, investor interest is increasingly shifting towards ETFSwap (ETFS), a promising crypto token projected to deliver an impressive 16,000% returns. The crypto token is positioned to transform the exchange-traded fund (ETF) landscape through asset tokenization. This makes ETFs more accessible by integrating the worlds of crypto and traditional finance in a way that could significantly boost their market value. 

ETFSwap (ETFS) provides smooth asset transfers across multiple exchanges, designed with low transaction fees and high-security infrastructure essential for reducing entry barriers and maximizing investment flexibility. 

With features like robust liquidity, a flexible trading model, and non-expiring utility, ETFSwap (ETFS) creates an ideal environment for the type of rapid growth that could lead to 16,000% gains in the crypto market. 

Investor trust in ETFSwap (ETFS) is further bolstered by the platform’s dedication to security. The ETFSwap team has earned a compliance certificate from SolidProof after completing a comprehensive Know Your Customer (KYC) verification, and the platform’s smart contracts have undergone an audit by Cyberscope. These certifications highlight ETFSwap’s commitment to safety and transparency, helping to build a secure foundation for the ambitious growth projections. 

Additionally, ETFSwap (ETFS) supports 24/7 trading access, drawing in investors who consider continuous market access essential for maximizing gains. The platform’s beginner-friendly interface further boosts its appeal by simplifying ETF trading for newcomers looking to enter the crypto space. 

Currently in its beta phase, ETFSwap (ETFS) introduces innovative features, including high-yield liquidity pools, real-time ETF monitoring, and staking options. In the next phase, the crypto token will launch AI-powered ETF screeners with predictive tools, sentiment analysis, and real-time data, which analysts expect will strengthen investor confidence. With these advanced capabilities, ETFSwap (ETFS) is carving out a leadership role in integrating ETFs with crypto, setting itself apart as a prime choice for 16,000% gains in the market.

Conclusion

Despite recent projections for the Polkadot price, numerous investors are turning their attention to high-potential alternatives like ETFSwap (ETFS), a crypto token poised for remarkable 16,000% gains. 

Currently, ETFS tokens are available at a price of $0.05769, with an exclusive 50% bonus for investors using the promo code ETFS50. As this bonus round draws to a close, experts recommend seizing this moment to benefit from ETFSwap’s (ETFS) rising momentum and its substantial 16,000% growth potential in the evolving crypto market.

For more information about the ETFS Presale:

Visit ETFSwap Presale

Join The ETFSwap Community



Source link

Altcoin

Canary Capital Files For Staked Tron ETF

Published

on


American asset management company Canary Capital has taken a new leap with a new filing for a staked Tron ETF product. Known as the pioneer of some of the most renowned altcoin ETF products, this new Tron ETF has further placed the firm at the forefront of the exchange-traded fund drive.

The Canary Capital Staked Tron ETF

According to the prospectus released by the firm, the new product is dubbed the Canary Staked TRX ETF. The firm is yet to reveal the trading platform the product will trade on, however, it confirms it will provide exposure to the price of Tron.

Based on the pricing data offered by Coindesk Indices, Canary Capital said it will rely on this to establish the Net Asset Value (NAV) for the product. This latest filing comes barely a month after the asset manager filed for Pengu ETF with the US Securities and Exchange Commission (SEC).

This is a breaking news, please check back for updates!!!

✓ Share:

Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture.

Follow him on X, Linkedin

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





Source link

Continue Reading

Altcoin

XRP Price History Signals July As The Next Bullish Month

Published

on


Based on historical data, July could be the next bullish month for the XRP price, which continues to consolidate amid this crypto market downtrend. Despite the market downturn, crypto analysts like CasiTrades are confident that the altcoin could still reach a new all-time high (ATH) in this market cycle.

Historical Data Points To July Being The Next Bullish Month For The XRP Price

Cryptorank data shows that July could be the next bullish month for the XRP price. This is based on the fact that the altcoin has recorded significant gains in each of the last five Julys.

ImageImage

Unlike July, April to June have been mixed for XRP over the last five years. For April, the last three out of five months have been bearish for the altcoin, although it recorded a 174% gain in April 2021.

For May, three out of the last five months have been bearish for the XRP price, although it recorded meagre gains in May 2023 and 2024. Meanwhile, June has been completely bearish for the altcoin, as it recorded monthly losses in the last five months.

It is worth mentioning that four out of the five monthly gains for XRP in July have been double-digit gains. As such, Ripple’s native crypto could again record double-digit gains this coming July.

Interestingly, crypto analyst Egrag Crypto predicted that XRP could reach double digits by its July 21 cycle peak. He alluded to the altcoin’s previous bull runs as to why July could mark this cycle’s peak. The analyst believes the Ripple price could reach $27 by then.

Analysts Argue XRP’s Consolidation Could End Soon

Amid this historical data, crypto analysts Dark Defender and CasiTrades have suggested that the XRP price consolidation could end soon. In an X post, Dark Defender stated that the altcoin’s consolidation is nearing an end and that he believes this is the final consolidation of the monthly structure.

ImageImage

Once this consolidation is done, the crypto analyst remarked that market participants can expect the Wave 5, which will send Ripple’s native crypto to new highs. He highlighted $2.22 and $2.30 as the major resistances to watch out for, while $1.88 and $1.63 are the major support levels. Meanwhile, the targets on this Wave 5 up are $3.75 and $5.85, which will mark a new ATH for the altcoin.

As CoinGape reported, crypto analyst CasiTrades also predicted that the XRP price could soon reach $6 as Wave 2 correction nears its end. The analyst also raised the possibility of the altcoin rallying to as high as $9.50 and $12 if it reaches the 2.618 and 3.618 Fibonacci extension levels, respectively.

However, there is still the possibility of the XRP price dropping below the $2 level before it rallies to new highs. Egrag Crypto warned that Ripple’s native crypto could still drop to as low as $1.4 in the event of a major liquidation.

✓ Share:

Boluwatife Adeyemi

Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





Source link

Continue Reading

Altcoin

Ethereum ETFs Record $32M Weekly Outflow; ETH Price Crash To $1.1K Imminent?

Published

on


The ETH price’s bearish sentiment since January 2025 has taken a toll on investor confidence, with Ethereum ETFs witnessing significant outflows. As ETH’s value continues to plummet, investors increasingly withdraw their funds. With Ethereum exchange-traded funds recording a massive $32 million in weekly outflows, analysts caution against a potential downtrend.

As Ethereum lingers below the $2,000 mark for weeks, market experts and traders are bracing for a potential further decline to $1,100. Let’s dive deeper into the reasons behind the significant outflows from Ethereum ETFs and its potential impact on ETH price.

Ethereum ETFs Record $32M Weekly Outflows: What’s Happening?

According to SoSoValue, Ethereum ETFs experienced increasing outflows over the past week, driven by the overarching negative market trend. Last week, the ETFs saw a total net outflow of $32.17 million, pushing the month’s outflows to $170.99 million.

In addition, the Ethereum exchange-traded funds experienced an unusual day of neutral flows yesterday, with neither net inflows nor outflows reported. Analyst Ali Martinez shed light on the increasing whale activity over the past week. According to his X post, ETH whales have offloaded 143,000 tokens last week. 

Significantly, this negative sentiment could be attributed to the ETH price’s bearish trend which began in January. Ethereum, which stood high-headed above $3,500 at the onset of 2025, started plummeting to reach a severe low of $1,500 in April. This steady downtrend has caused a stir in the market, with traders showing less interest towards the altcoin.

Is ETH Price Poised for a Crash?

Growing pessimism surrounding Ethereum ETFs has led analysts to warn the community that ETH’s price may extend its downward trajectory. For instance, analyst Altcoin Gordon shared a bearish forecast for ETH price, predicting that the token would further drop to $1,100. However, as per CoinGape’s Ethereum price prediction, ETH could destabilize around a minimum of $1,588 in 2025.

As of press time, ETH is valued at $1,592, down by a marginal 0.20% in a day. Despite a 2.3% surge over the past seven days, ETH has seen a massive dip of 21% in a month. This negative vibe is also reflected on the traders’ sentiment, with the 24-hour trading volume decreasing by 23% to reach $10.5 billion.

Significantly, the Ethereum transaction fees’ recent crash to a five-year low has also contributed to the overall bearish sentiment.

Ethereum Bulls Remain Optimistic

Despite these bearish predictions and negative Ethereum ETF trend, bulls remain optimistic about the ETH price. Analysts like Crypto Rover and CryptoGoos shared their bullish outlooks on Ethereum, invoking investors’ enthusiasm.

Ethereum ETFs Record $32M Weekly Outflow; ETH Price Crash To $1.1K Imminent?Ethereum ETFs Record $32M Weekly Outflow; ETH Price Crash To $1.1K Imminent?

According to CryptoGoos, ETH is expected to repeat history to surge beyond $2,800 in the near future. Meanwhile, market expert Crypto Rover projected the ETH price’s potential journey to an ambitious $10,000. However, it needs to be seen whether ETH can break through its current resistance levels and achieve these lofty targets.

✓ Share:

Nynu V Jamal

Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





Source link

Continue Reading

Trending

Copyright © 2024 coin2049.io